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Banks Playing Bigger Role in the Economy

Banks Playing Bigger Role in the Economy
Banks Playing Bigger Role in the Economy

Banks continue to help fund the economy while the capital market struggles to improve its footprint financing businesses. 
The role of banks had diminished in the past two years due largely to the fast-pace stock market, but new data suggest an increasing reliance on lenders. 
Total funds made available by money and capital markets was 28,530 trillion rials ($107 billion) in the first ten months (March 20-Jan. 20) of the fiscal year. 

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